Sold

Sold

Sold on Dec 16, 2013

5869 Garden Ave, Olivehurst, CA 95961

2,820 sqft · 1.08 acres

Sq Ft: 2,820
Acre lot: 1.08

Residential Income · Triplex · Built 1948

Description

Multi-Unit Investment!! 3 detached Homes on large 1.08 acre Lot. All units currently occupied with solid tenants. Current Monthly Rents @ $2,125.00 totaling $25,500.00 gross income per year, with minimal operating expenses. You will find no better return w/ 15% cap rate will pay off itself within 6 years while you continue to receive net gain of 25k per year!!! This is a unique set up with ea. unit possessing a large outside yard area. Sq.Ft. for each unit is an approximation, total between all units is over 2800 Sq.Ft. This is a wonderful investment for long term income w/ low vacancy rate.

Agent & source

Listed by: Jennifer M. Gage
Brokerage: Coldwell Banker Associated Bkr
DRE: #01438144
Bought with: Gene Lee
Phone: (530) 632-2280
Email: [email protected]

MLS # 201122508 Source MetroList Services

Property details

Rooms & Layout

Levels

1 story

Building & Construction

Architectural Style

Ranch

Construction Materials

Wood, Frame

Roof

Flat, Composition

Foundation

Raised

Exterior & Parking

Parking

Varies by Unit, Open

Interior & Comfort

Heating

Varies by Unit, Wall Furnace

Cooling

Varies by Unit, Window Unit(s), Evaporative Cooler

Flooring

Laminate
Linoleum/Vinyl
Varies by Unit
Carpet

Appliances & Equipment

Varies By Unit, Free Standing Gas Range

Utilities

Sewer

Public Sewer

Irrigation

Public District

Nearby

Active Pending Closed Rental

Elementary: Marysville Joint District
Middle: Marysville Joint District
High: Marysville Joint District

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Local MLS listing
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